Libra Automobiles Ltd v. Deputy Commissioner Of Income Tax, Jalandhar

CWP-28655-2017 112IN THE HIGH COURT OF PUNJAB AND HARYANA ATCHANDIGARH CWP-28655-2017 Date of decision : 15.12.2017 Libra Automobiles Ltd. Versus Deputy Commissioner of Income Tax, Jalandhar ... Petitioner(s) ... Respondent(s) CORAM:HON'BLE MR. JUSTICE AJAY KUMAR MITTALHON'BLE MR. JUSTICE AMIT RAWAL Present:Mr. Salil Kapoor, Advocate andMr. Sumit Lalchandani, Advocatefor the petitioner. **** AJAY KUMAR MITTAL, J. (ORAL) The petitioner has approached this Court under Articles226/227 of the Constitution of India for issuance of a writ of certiorariquashing of notice dated 21.03.2017 (Annexure P-12) issued under Section148 of the Income Tax Act, 1961 (in short 'the Act') and order disposingobjections dated 12.10.2017 (Annexure P-17).2.After arguing for sometime, learned counsel for the petitionersubmitted that alternative remedies are available, wherein in case anyadverse assessment order is passed against the petitioner, the initiation ofproceedings as well as the said assessment order can be challenged by thepetitioner-assessee before the Appellate Authority. Accordingly, a prayerwas made that he may be allowed to withdraw the present writ petition withliberty to the petitioner to take recourse to the remedies in accordance withlaw, in case adverse assessment order is passed. CWP-28655-2017 3.Dismissed as withdrawn. It shall, however, be open to thepetitioner to take recourse to the remedies as may be available to it, inaccordance with law. ( AJAY KUMAR MITTAL ) JUDGE 15.12.2017 Yogesh Sharma ( AMIT RAWAL) JUDGE Whether speaking/reasonedYes/ No Whether Reportable Yes/ No